Canadian State Company AIMCo Invests in Crypto Sphere for the First Time Through Strategy Shares

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Canadian State Company AIMCo Invests in Crypto Sphere for the First Time Through Strategy Shares

Alberta Investment Management Corp (AIMCo), a Canadian state investment company, has made its first investment in the cryptocurrency sector by acquiring 1.38 million shares of Strategy — the largest corporate holder of Bitcoin. According to official documents submitted to the U.S. Securities and Exchange Commission (SEC), the value of this deal at the end of the first quarter of 2026 was $172.47 million.

This is reported by Finway

Details of the Deal and AIMCo’s Status

According to Form 13F, which AIMCo submits to the SEC when it has investments in U.S. securities, the company invested in Class A common shares (MSTR) of Strategy. This marks the first experience of a Canadian state entity in the crypto sphere. AIMCo manages significant state assets of the province of Alberta, including pension, insurance, and other funds, and is wholly owned by the local government.

“This is AIMCo’s first investment in Strategy and the crypto sphere in general. It should be noted that this company often appears in the information field as a sovereign fund.”

Growth of Strategy Shares and Trends Among Sovereign Funds

In April 2026, Strategy shares (MSTR) on the Nasdaq exchange rose by more than 32%. At the time of preparing this material, AIMCo’s stake is already valued at $223.3 million. The dynamics of the MSTR price are linked to positive changes in the cryptocurrency market and additional Bitcoin purchases by Strategy itself, although the company ended the first quarter of 2026 with an unrealized loss of $14.5 billion.

MSTR stock price on the Nasdaq exchange. Source: TradingView.

Growing interest in Bitcoin among sovereign funds is observed worldwide. State investment companies, including those like AIMCo, often choose to invest in crypto assets through Strategy shares or exchange-traded funds. Previously, a similar strategy was employed by Mubadala Investment Company from Abu Dhabi, which invested nearly $29 million in IBIT in the first quarter of this year.